State, Local Funding Helps Newtex Industries Expand in Victor, New York
09/09/2010
"We are lucky to have organizations like Ontario County EDC, PathStone, and Empire State Development working overtime to support businesses like ours in bringing new technology and jobs to the region. I am grateful that these development agencies understood the significance of their support to both our project, our future, and to the continued employment of our dedicated and talented work force. In a time when conventional lending was non-existent, they have all made a real difference," said Jerry Joliet, Newtex CEO.
The company will make an additional $60,000 equity investment towards the project. It is expected to create more than 10 jobs in the coming three years.
Newtex products are used in a number of industries and in specialized firefighting apparel.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024